Summary Responsible for administering and coordinating all aspects of the Bank's Fair Lending Program and partnering with the CRA/Community Development Officer ensuring that the Bank maintains a sound Fair Lending risk management program that includes a continual analysis and review process to ensure that credit is made equally available to all qualified applicants in the communities in which we do business, and in a fair and consistent manner. Responsible for conducting fair lending risk assessments and providing detailed written recommendations to Management, and bank personnel. Ensure that adequate policies and procedures are maintained, and that a strong management information system for measuring and monitoring fair lending risk is utilized by performing the following duties.
Duties and Responsibilities include the following.
Conducts in-depth Fair Lending reviews arriving at conclusions, including recommendations for improvements, prepares and presents findings to the Board of Directors or a Committee of the Board, and Management detailing the Bank's current performance regarding the geographic distribution of loan products, deposit products, and service delivery systems.
Manages the fair lending risk assessment processes.
Conducts monitoring of fair lending related activity and regulations to review and analyze results to help determine appropriate corrective action.
Assumes primary responsibility for the development/updates of the Fair Lending Program, policies and procedures, risk assessments, risk monitoring and management information systems, internal controls, self-assessments and other related documentation.
Monitors and recommends enhancements to the Bank's Fair Lending risk management strategies as needed to align them with the ongoing changing scope and complexity of the Bank's business models and practices, and relevant emerging issues, trends, legislation or regulatory guidance.
Provides ongoing guidance and training to loan officers and other lending departments of the Bank by communicating Fair Lending standards throughout the Bank.
Functions as subject matter expert for all Fair Lending compliance issues and provide advice and recommendations regarding the Bank's Fair Lending efforts.
Prepares monthly status reports, action plans and time lines, periodically.
Periodically reviews and determines sufficiency of the designated assessment area(s).
Keeps abreast of, monitor, and analyze developing trends and changes in regulations relating to Fair Lending, including: HMDA, ECOA, FHA, and other regulations as applicable.
Understands and complies with requirements of all laws and regulations applicable to position.
Travel required (20% of the time) to regions as needed for training and presentations.
Perform other duties as assigned.
This job has no supervisory responsibilities.
Analytical and Design
Interpersonal Skills/Customer Service
Oral and Written Communication
Quality and Quantity
Adaptability and Initiative
Attendance/Punctuality and Dependability
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience: Bachelor's degree (B. A.) from four-year college or university with seven (7) years' experience in compliance oversight; or equivalent combination of education and experience. Minimum six (6) years' experience with Fair Lending and CRA compliance required.
To perform this job successfully, an individual should have knowledge of the Internet, Outlook, Microsoft Word and Excel. Ability to learn bank-specific software such as MPC, IBS, ADP, etc. Ability to use basic office machines.
Physical Demands: While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision and ability to adjust focus.
Work Environment: The noise level in the work environment is usually quiet.
This job description reflects management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. Origin Bank shall, in its discretion, modify or adjust the position to meet the Bank's changing needs. This job description is not a contract and may be adjusted as deemed appropriate in the Bank's sole discretion.
Job Location West Monroe, Louisiana, United States Position Type Full-Time/Regular
Community Trust Bank